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if president obama allows it to happen, what kind of catastrophe are you talking about? i'm kind of concerned? so negatively will this affect the industry? how bad will it really be out there on wall street and main street? >> guest: well, let's say there are a bunch of people where the congress is
if president obama allows it to happen, what kind of catastrophe are you talking about? i'm kind of concerned? so negatively will this affect the industry? how bad will it really be out there on wall street and main street? >> guest: well, let's say there are a bunch of people where the congress is
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we have seen a tremendous amount of fight in ohio just in the last month or so between romney and obama and where is china all of this? >> so there are several different pieces. one of them going back to the economy, we used to have much higher practices than we do now. how were we able to have full employment on that? we did not have the system of the budget deficits what makes it so much harder and just to sort of duty had enough, it is the persistence of trade deficit least not have one and now we do and that is a big drag on the economy. which hasn't been better actually the trade deficit is actually significantly down but not all. we have had some that have become more competitive that is the front on which we need to work. the political debate hasn't kept up with the reality it's no longer the quarter of that anymore. it's the broadest of countries some that need to be worked on and the next president isn't just china bashing but what do we need to do have a world that is everybody trying to run a trade surplus which the government believes it is possible. [laughter] >> then there
we have seen a tremendous amount of fight in ohio just in the last month or so between romney and obama and where is china all of this? >> so there are several different pieces. one of them going back to the economy, we used to have much higher practices than we do now. how were we able to have full employment on that? we did not have the system of the budget deficits what makes it so much harder and just to sort of duty had enough, it is the persistence of trade deficit least not have...
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i was grouchy when obama said something just as stupid. john quincy adams was this fabulously learned man who had stayed with history. the reason for the monroe doctrine -- in south america the various countries were beginning to rebel against the spanish king, and the french king was a cousin of the spanish king and the french were going to send military aid to put out these barbarians of english and they send their military to keep the french from going into south america. and they invited the americans to join them in keeping the french out of south america because obviously south america was rich with gold and silver, and john quincy adams was the secretary of state and said absolutely not. we are not going to get involved in a foreign war. we are not going to let them come over here either. and that was the seed planted for the shooting of the monroe doctrine. monroe doctrine wasn't a separate doctrine. was a part of lonrho's message and he asked his cabinet for help in putting together some sort of statement making our international
i was grouchy when obama said something just as stupid. john quincy adams was this fabulously learned man who had stayed with history. the reason for the monroe doctrine -- in south america the various countries were beginning to rebel against the spanish king, and the french king was a cousin of the spanish king and the french were going to send military aid to put out these barbarians of english and they send their military to keep the french from going into south america. and they invited...
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we got this idea because of the citizen united case, and -- from president obama making a misstatement about the scope of the law. and you see over time the court struggling with their role, their public role at certain political events, like the state of the union, and the last ten or 15 years the court's presence at the state of the union has decreased. the justices saying, i don't want to be a potted plant at a political pep rally, et cetera. there's other ways to see what the public thinks of the court or the court is more aware of what it does and doesn't want to do with ac alkebulan -- activities of the court. >> do you want to comment? >> i would say what interests me more is not how politicized the course it but whether it reflects the views of the american people, and i i don't know the answer to that but i think that's a very interesting question. in the past i think the court has always by and large done that. >> just briefly. one other measure buying the plate -- might be the political activity of supreme court spouses. >> do you have anyone in mind? >> is jenny thomas and
we got this idea because of the citizen united case, and -- from president obama making a misstatement about the scope of the law. and you see over time the court struggling with their role, their public role at certain political events, like the state of the union, and the last ten or 15 years the court's presence at the state of the union has decreased. the justices saying, i don't want to be a potted plant at a political pep rally, et cetera. there's other ways to see what the public thinks...
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let me just say in the second presidential debate, the town hall style one i thought president barack obama's weakest moment was when the young woman stood up and asked him about equal pay for women. he rightfully talked-about passing though lily ledbetter pay act, then abandoned that line of thinking and talked about the economy. the same moment thereafter, mitt romney had the binders of women came up. what got me about that moment was the democrats and the president could point to this one act, this one piece of legislation, he didn't talk about more than that because there isn't that much more. it is easy to say republicans, women, not such an easy stew, but overall it is something and plain and simple and measurable as pay, no one in the political spectrum across-the-board has done much to -- besides you. [applause] >> let me just say there is pending legislation which republicans have blocked in the house, that is the third paycheck act. he could have brought that up. you need that second half to make easier, more practical to demand fare paying in the courts that going back to the binde
let me just say in the second presidential debate, the town hall style one i thought president barack obama's weakest moment was when the young woman stood up and asked him about equal pay for women. he rightfully talked-about passing though lily ledbetter pay act, then abandoned that line of thinking and talked about the economy. the same moment thereafter, mitt romney had the binders of women came up. what got me about that moment was the democrats and the president could point to this one...